{"id":"https://openalex.org/W4403691815","doi":"https://doi.org/10.1017/flw.2024.8","title":"The state of financial knowledge in the European Union: a new survey","display_name":"The state of financial knowledge in the European Union: a new survey","publication_year":2024,"publication_date":"2024-04-01","ids":{"openalex":"https://openalex.org/W4403691815","doi":"https://doi.org/10.1017/flw.2024.8"},"language":"en","primary_location":{"id":"doi:10.1017/flw.2024.8","doi":"https://doi.org/10.1017/flw.2024.8","is_oa":true,"landing_page_url":"https://doi.org/10.1017/flw.2024.8","pdf_url":"https://www.cambridge.org/core/services/aop-cambridge-core/content/view/934E660AE5C573D3BD6D169294A975F2/S275332122400008Xa.pdf/div-class-title-the-state-of-financial-knowledge-in-the-european-union-a-new-survey-div.pdf","source":{"id":"https://openalex.org/S4387288975","display_name":"Journal of Financial Literacy and Wellbeing","issn_l":"2753-3212","issn":["2753-3212"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["cwts-core"],"host_organization":"https://openalex.org/P4310311721","host_organization_name":"Cambridge University Press","host_organization_lineage":["https://openalex.org/P4310311721","https://openalex.org/P4310311702"],"host_organization_lineage_names":["Cambridge University Press","University of Cambridge"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Financial Literacy and Wellbeing","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"hybrid","oa_url":"https://www.cambridge.org/core/services/aop-cambridge-core/content/view/934E660AE5C573D3BD6D169294A975F2/S275332122400008Xa.pdf/div-class-title-the-state-of-financial-knowledge-in-the-european-union-a-new-survey-div.pdf","any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5084101417","display_name":"Maria Demertzis Y","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I21450314","display_name":"Bruegel","ror":"https://ror.org/03e6bna46","country_code":"BE","type":"nonprofit","lineage":["https://openalex.org/I21450314"]}],"countries":["BE"],"is_corresponding":false,"raw_author_name":"Maria Demertzis","raw_affiliation_strings":["Bruegel, Brussels, Belgium","Florence School of Transnational Governance, EUI, Brussels, Belgium"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Bruegel, Brussels, Belgium","institution_ids":["https://openalex.org/I21450314"]},{"raw_affiliation_string":"Florence School of Transnational Governance, EUI, Brussels, Belgium","institution_ids":[]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5116290110","display_name":"Juan Mejino-L\u00f3pez","orcid":"https://orcid.org/0009-0000-2808-7118","observed_orcids":["https://orcid.org/0009-0000-2808-7118"]},"institutions":[{"id":"https://openalex.org/I21450314","display_name":"Bruegel","ror":"https://ror.org/03e6bna46","country_code":"BE","type":"nonprofit","lineage":["https://openalex.org/I21450314"]}],"countries":["BE"],"is_corresponding":true,"raw_author_name":"Juan Mejino-L\u00f3pez","raw_affiliation_strings":["Bruegel, Brussels, Belgium"],"raw_orcid":"https://orcid.org/0009-0000-2808-7118","affiliations":[{"raw_affiliation_string":"Bruegel, Brussels, Belgium","institution_ids":["https://openalex.org/I21450314"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5094174091","display_name":"Luca L\u00e9ry Moffat","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I21450314","display_name":"Bruegel","ror":"https://ror.org/03e6bna46","country_code":"BE","type":"nonprofit","lineage":["https://openalex.org/I21450314"]}],"countries":["BE"],"is_corresponding":false,"raw_author_name":"Luca L\u00e9ry Moffat","raw_affiliation_strings":["Bruegel, Brussels, Belgium"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Bruegel, Brussels, Belgium","institution_ids":["https://openalex.org/I21450314"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5116290110"],"corresponding_institution_ids":["https://openalex.org/I21450314"],"apc_list":{"value":3450,"currency":"USD","value_usd":3450},"apc_paid":{"value":3450,"currency":"USD","value_usd":3450},"fwci":11.9508,"has_fulltext":true,"cited_by_count":12,"citation_normalized_percentile":{"value":0.98272314,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":98,"max":99},"biblio":{"volume":"2","issue":"1","first_page":"38","last_page":"62"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10517","display_name":"Financial Literacy, Pension, Retirement Analysis","score":0.9907000064849854,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10517","display_name":"Financial Literacy, Pension, Retirement Analysis","score":0.9907000064849854,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T13744","display_name":"Financial Literacy and Behavior","score":0.008500000461935997,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11995","display_name":"FinTech, Crowdfunding, Digital Finance","score":0.0,"subfield":{"id":"https://openalex.org/subfields/1404","display_name":"Management Information Systems"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/financial-literacy","display_name":"financial literacy","score":0.9990000128746033},{"id":"https://openalex.org/keywords/financial-knowledge","display_name":"financial knowledge","score":0.8169999718666077},{"id":"https://openalex.org/keywords/cross-national-comparison","display_name":"cross-national comparison","score":0.8370000123977661},{"id":"https://openalex.org/keywords/financial-outcomes","display_name":"financial outcomes","score":0.5550000071525574},{"id":"https://openalex.org/keywords/financial-stability","display_name":"financial stability","score":0.8949999809265137},{"id":"https://openalex.org/keywords/capital-markets-union","display_name":"Capital Markets Union","score":0.9980000257492065},{"id":"https://openalex.org/keywords/eu-member-states","display_name":"EU member states","score":0.8569999933242798}],"concepts":[{"id":"https://openalex.org/C48103436","wikidata":"https://www.wikidata.org/wiki/Q599031","display_name":"State (computer science)","level":2,"score":0.6006617546081543},{"id":"https://openalex.org/C2910001868","wikidata":"https://www.wikidata.org/wiki/Q458","display_name":"European union","level":2,"score":0.5974957346916199},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.45316967368125916},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.4146798849105835},{"id":"https://openalex.org/C155202549","wikidata":"https://www.wikidata.org/wiki/Q178803","display_name":"International trade","level":1,"score":0.21772971749305725},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.13373515009880066},{"id":"https://openalex.org/C11413529","wikidata":"https://www.wikidata.org/wiki/Q8366","display_name":"Algorithm","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1017/flw.2024.8","doi":"https://doi.org/10.1017/flw.2024.8","is_oa":true,"landing_page_url":"https://doi.org/10.1017/flw.2024.8","pdf_url":"https://www.cambridge.org/core/services/aop-cambridge-core/content/view/934E660AE5C573D3BD6D169294A975F2/S275332122400008Xa.pdf/div-class-title-the-state-of-financial-knowledge-in-the-european-union-a-new-survey-div.pdf","source":{"id":"https://openalex.org/S4387288975","display_name":"Journal of Financial Literacy and Wellbeing","issn_l":"2753-3212","issn":["2753-3212"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["cwts-core"],"host_organization":"https://openalex.org/P4310311721","host_organization_name":"Cambridge University Press","host_organization_lineage":["https://openalex.org/P4310311721","https://openalex.org/P4310311702"],"host_organization_lineage_names":["Cambridge University Press","University of Cambridge"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Financial Literacy and Wellbeing","raw_type":"journal-article"}],"best_oa_location":{"id":"doi:10.1017/flw.2024.8","doi":"https://doi.org/10.1017/flw.2024.8","is_oa":true,"landing_page_url":"https://doi.org/10.1017/flw.2024.8","pdf_url":"https://www.cambridge.org/core/services/aop-cambridge-core/content/view/934E660AE5C573D3BD6D169294A975F2/S275332122400008Xa.pdf/div-class-title-the-state-of-financial-knowledge-in-the-european-union-a-new-survey-div.pdf","source":{"id":"https://openalex.org/S4387288975","display_name":"Journal of Financial Literacy and Wellbeing","issn_l":"2753-3212","issn":["2753-3212"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["cwts-core"],"host_organization":"https://openalex.org/P4310311721","host_organization_name":"Cambridge University Press","host_organization_lineage":["https://openalex.org/P4310311721","https://openalex.org/P4310311702"],"host_organization_lineage_names":["Cambridge University Press","University of Cambridge"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Financial Literacy and Wellbeing","raw_type":"journal-article"},"sustainable_development_goals":[],"study_designs":[{"display_name":"Observational Study","id":"https://openalex.org/study-designs/observational-study"}],"awards":[],"funders":[],"has_content":{"grobid_xml":true,"pdf":true},"content_urls":{"pdf":"https://content.openalex.org/works/W4403691815.pdf","grobid_xml":"https://content.openalex.org/works/W4403691815.grobid-xml"},"referenced_works_count":9,"referenced_works":["https://openalex.org/W2799359230","https://openalex.org/W2969297325","https://openalex.org/W3121995747","https://openalex.org/W3125685058","https://openalex.org/W3140173082","https://openalex.org/W3143921768","https://openalex.org/W3169982083","https://openalex.org/W4380342930","https://openalex.org/W4388303860"],"related_works":["https://openalex.org/W7043201028","https://openalex.org/W7033950167","https://openalex.org/W4231132356","https://openalex.org/W4210852318","https://openalex.org/W7047221587","https://openalex.org/W7135450572","https://openalex.org/W2773365370","https://openalex.org/W2902806051","https://openalex.org/W3005654859","https://openalex.org/W3124279978"],"abstract_inverted_index":{"Abstract":[0],"For":[1],"the":[2,7,11,51,59,64,68,83,102,105,117,130],"very":[3],"first":[4],"time,":[5],"in":[6,101,124,129],"Spring":[8],"of":[9,27,70,85,107],"2023,":[10],"European":[12,52],"Commission":[13],"(EC)":[14],"carried":[15],"out":[16],"a":[17,44,86],"survey":[18,31,61,118],"across":[19],"all":[20],"member":[21],"states":[22],"to":[23,66,73,111],"assess":[24],"their":[25],"level":[26],"financial":[28,71,75,114],"literacy.":[29],"This":[30],"complements":[32],"other":[33],"national":[34],"surveys":[35],"and":[36,77,98],"fills":[37],"an":[38],"important":[39,79],"gap":[40],"because":[41],"it":[42],"provides":[43],"consistent":[45],"metric":[46],"that":[47,121],"allows":[48],"comparisons":[49],"among":[50],"Union":[53],"(EU)":[54],"countries.":[55],"The":[56],"motivation":[57],"behind":[58],"EC\u2019s":[60],"stems":[62],"from":[63],"need":[65],"advance":[67],"state":[69],"literacy":[72],"safeguard":[74],"stability":[76],"promote":[78],"projects,":[80],"such":[81],"as":[82],"creation":[84],"Capital":[87],"Markets":[88],"Union.":[89],"In":[90],"this":[91],"paper,":[92],"we":[93],"analyze":[94],"these":[95],"new":[96],"data":[97],"confirm":[99],"findings":[100],"literature":[103],"about":[104],"importance":[106],"being":[108],"financially":[109,133],"knowledgeable":[110],"achieve":[112],"good":[113],"outcomes.":[115],"Unfortunately,":[116],"also":[119],"confirms":[120],"barely":[122],"one":[123],"two":[125],"individuals,":[126],"on":[127],"average":[128],"EU,":[131],"is":[132],"literate.":[134]},"counts_by_year":[{"year":2026,"cited_by_count":7},{"year":2025,"cited_by_count":5}],"updated_date":"2026-10-17T09:40:24.721904","created_date":"2024-10-24T00:00:00"}